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Meta stock, Reddit and Pinterest were hit hard by tariff fears. But the companies each offered upbeat views for Q2 sales.
Shares of Pinterest Inc (NYSE:PINS) are up 10.7% at $30.83 at last glance, after the social media platform issued a stronger-than-expected current-quarter forecast.
It's all green arrows on this morning's earnings movers. The Trade Desk (TTD) was the biggest winner Friday morning, up over 20% following its latest earnings report.
US stocks rise as trade optimism boosts sentiment. S&P500 climbs with Lyft, Pinterest, and Microchip among hot stocks to watch heading into China talks.
Pinterest reported first-quarter results and gave revenue guidance that was “worthy of a Friday rally.”
Here's our initial take on Pinterest's (PINS 2.25%) financial report.
Pinterest shares jumped over 12% in premarket trading on Friday, after a strong quarterly revenue forecast allayed investor jitters about the uncertainty of advertising spending on its platform amid global economic volatility.
Pinterest reported strong first-quarter results on Thursday (May 8), with $855 million in revenue and a 10% year-over-year increase in monthly active users to 570 million. According to a Thursday (May 8) press release, revenue increased by 16% year over year.
Pinterest, Inc. (NYSE:PINS ) Q1 2025 Results Conference Call May 8, 2025 4:30 PM ET Company Participants Andrew Somberg - Vice President of Investor Relations and Treasury Bill Ready - CEO Julia Donnelly - CFO Conference Call Participants Ross Sandler - Barclays Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Shweta Khajuria - Wolfe Research Ken Gawrelski - Wells Fargo John Blackledge - TD Securities Ron Josey - Citigroup Rich Greenfield - LightShed Partners Doug Anmuth - JPMorgan Justin Patterson - KeyCorp Operator Good afternoon. Thank you for attending today's Pinterest First Quarter 2025 Earnings Call.
While the top- and bottom-line numbers for Pinterest (PINS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.